Energy Recovery, Inc.

Energy Recovery, Inc.

ERIIยทNASDAQ

$8.04

-1.7%
IndustrialsIndustrial - Pollution & Treatment Controls

Energy Recovery, Inc., together with its subsidiaries, designs, manufactures, and sells various solutions for the seawater reverse osmosis desalination and industrial wastewater treatment industries worldwide. The company operates through Water and Emerging Technologies segments. It offers a suite of products, including energy recovery devices, and high-pressure feed and recirculation pumps; hydraulic turbochargers and boosters; and spare parts, as well as repair, field, and commissioning services. The company also offers a solution to reduce energy consumption in natural gas processing and in refrigeration systems that use carbon dioxide. It provides its products under the ERI, Ultra PX, PX, Pressure Exchanger, PX Pressure Exchanger, PX PowerTrain, VorTeq, IsoBoost, AT, and AquaBold names to large engineering, procurement, and construction firms; end-users and industry consultants; original equipment manufacturers; and aftermarket customers. The company was incorporated in 1992 and is headquartered in San Leandro, California.

At a Glance

Live Snapshot
Market Cap$414.42M
EPS0.4300
P/E Ratio18.70
Earnings Date08/05/2026
erii

Energy Recovery, Inc. Street Expectations Map

ERII ยท NASDAQ

Wall Street analysts project that ERII stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 12.50, with estimates ranging from a low of 12.00 to a high of 13.00.

Lowest Target
12.00
49.25%
Consensus Target
12.50
55.47%
Highest Target
13.00
61.69%

The consensus 1-year price target stands at 12.50, with estimates ranging from a low of 12.00 to a high of 13.00.

Analyst Consensus Analysis

Upside Potential

+55.5%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

8.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

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Energy Recovery, Inc. Forward Estimates of Revenue

ERII ยท NASDAQ
Latest Revenue
134.70M
FY 2025
Avg Estimate
164.55M
FY 2026
Estimate Range
162.29M - 166.81M
Analyst Spread

Forward Growth Analysis

Projected Growth+22.2%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread3%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Energy Recovery, Inc. Forward Estimates of Net Income

ERII ยท NASDAQ
Latest Net Income
22.96M
FY 2025
Avg Estimate
40.49M
FY 2026
Estimate Range
39.72M - 41.26M
Analyst Spread

Forward Growth Analysis

Projected Growth+76.4%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Energy Recovery, Inc. Forward Estimates of EPS

ERII ยท NASDAQ
Latest EPS
0.43
FY 2025
Avg Estimate
$0.69
FY 2026
Estimate Range
$0.69 - $0.71
Analyst Spread

Forward Growth Analysis

Projected Growth+61.6%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Energy Recovery, Inc. Forward Estimates of EBIT

ERII ยท NASDAQ
Latest EBIT
27.59M
FY 2025
Avg Estimate
32.83M
FY 2026
Estimate Range
32.38M - 33.28M
Analyst Spread

Forward Growth Analysis

Projected Growth+19.0%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread3%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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Energy Recovery, Inc. Forward Estimates of EBITDA

ERII ยท NASDAQ
Latest EBITDA
31.36M
FY 2025
Avg Estimate
41.05M
FY 2026
Estimate Range
40.49M - 41.61M
Analyst Spread

Forward Growth Analysis

Projected Growth+30.9%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread3%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Energy Recovery, Inc. Forward Estimates of SG&A Expense

ERII ยท NASDAQ
Latest SG&A Expense
19.35M
FY 2025
Avg Estimate
61.90M
FY 2026
Estimate Range
61.05M - 62.75M
Analyst Spread

Forward Growth Analysis

Projected Growth+219.9%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage4 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread3%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Energy Recovery, Inc. Insider Positioning

ERII ยท NASDAQ

During the last 12 months, insiders have purchased $224K and sold $3.39M worth of ERII shares, resulting in $3.16M of net selling activity.

3 Months

Bought

20.0K

166.84K

Sold

204.3K

2.10M

Net Activity

-1.9M

-$1.93M

3-6 Months

Bought

0

0.00

Sold

69.5K

782.30K

Net Activity

-782K

-$782K

6-9 Months

Bought

5.6K

57.45K

Sold

33.5K

506.88K

Net Activity

-449K

-$449K

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

1
TPL

Tondreau Pamela L.

Director

20.0K sharesโ€ข1 transactions

$167K

2
YW

Yeung William

Officer: Chief Legal Officer

5.6K sharesโ€ข1 transactions

$57K

Top Sellers

1
HA

Hanstveit Arve

Director

272.7K sharesโ€ข7 transactions

$2.95M

2
CR

Clemente Rodney

Officer: Svp, Water

21.3K sharesโ€ข2 transactions

$229K

3
YW

Yeung William

Officer: Chief Legal Officer

13.1K sharesโ€ข5 transactions

$201K

4
RN

Ramanan Natarajan

Officer: Chief Technology Officer

272 sharesโ€ข1 transactions

$3K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $3.16M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.07:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$1.93M

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

Moderate Selling

4 insider sellers vs. 2 buyers. More insiders selling than buying suggests cautious or negative sentiment.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.